Gold- yesterday bullish, today bearish

17 thg 2, 2021

After consolidating above 1820 support for 2 days, Gold failed to continue up, instead broke under support and under 1800 important figure.
At this point, the chart structure is strongly bearish and I expect a test of 1765 previous local low in the next few days.
This being said I will look for selling opportunities above 1800 and only a daily close above 1830 would negate my bearish outlook for the yellow metal

18 thg 2, 2021

Giao dịch được đóng thủ công

Closed 1810 short at 1781
A rebound is probable at this point.